Bulk and Auction Sales and Transfers, Notice

(a) An employer that is liable for filing returns in accordance with the provisions of this part and either sells or causes to be sold at auction, or sells or transfers in bulk, fifty-one per cent or more of any stock of goods, wares or merchandise of any kind, fixtures, machinery, equipment, buildings or real estate held by or on behalf of the employer shall be subject to the provisions of section 1403 of "The Fiscal Code."

(b) ((b) deleted by amendment)

(321.1 amended June 29, 2002, P.L.559, No.89)